Programmer buddy of mine was telling me their theory that AI is the last hurrah of Big Tech and Venture Capital, shifting a patient that has been in place since most of us were children.

Even after the Dot Bomb area is the 2000’s, FinTech taking it in the chin in the 2008 global financial crisis, three meaningful Crypto rises and falls, and now AI, there’s always been some new for train to institute and sell to the retail investor and the general public.

The beleaguered finances of middle classes pretty much everywhere, hand in hand with the deleted brain trusts from AI making us really dumb and unconfident (or falsely confident), convinced with the lack of new productivity borne from these last few market cycles (AI and Crypto not actually doing much for the majority of humans commensurate with the hype) results in a possible chance for actual market accountability and seeing only genuine market growth.

I think that megacrash and the world waking up to the marketing machine is considerably less likely, but agree with them (given their best experience in FinTech) that it might meaningfully end our collective beliefs that Silicon Valley can steer everyone towards brighter shores.